Escorts Kubota Ltd agri machinery business reported a 20.4% year-on-year growth in tractor sales for February 2026, with volumes rising to 10,339 units from 8,590 tractors sold in the corresponding month last year, driven by strong rural demand and favourable policy support.
Domestic tractor sales posted a robust 22% increase at 9,725 units compared with 7,968 units in February last year. However, export tractor sales dipped marginally to 614 units from 622 units a year ago.
The company said the domestic tractor industry continued to witness growth in February, supported by positive rural sentiment, heightened farm activity, favourable government policies, GST reduction and a promising outlook for the Rabi season.
These factors are expected to persist in the coming months, further strengthening industry momentum, it added.
Meanwhile, the company’s Construction Equipment (CE) Business Division recorded a 4.8% rise in sales, selling 588 machines in February 2026 as against 561 machines in the year-ago period.
For the nine-month period of the current financial year, CE sales declined by nearly 14% to 5,029 units.
The construction equipment industry saw a steady rise in volumes during February 2026, indicating continued growth prospects. The positive trend is expected to be sustained by recent project awards, faster execution focus and anticipated growth in government spending in the coming year, the company said.